Six years ago, Rastin Inc. issued $45 million in long-term bonds that now have 12 years remaining until maturity. The bonds have a 9% coupon rate and have a current price of $1,220.74. Rastin also has $50 million in market value of common stock. For cost of capital purposes, what portion of the form is debt financed and what is the after-tax cost of debt, if the tax rate is 35%? 90.00% debt financed; 3.17% after-tax cost of debt 52.35% debt financed: 4.12% after-tax cost of debt 47.37% debt financed: 2.06% after-tax cost of debt 47.65% debt financed: 5.85% after-tax cost of debt